XML 16 R5.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities    
Net Loss for the Period $ (719,246) $ (252,912)
Non-Cash Adjustments:    
Depreciation 113 113
Common Stock Issued for Current Year Board of Directors Fees 142,500 10,625
Common Stock Payable for Inventory Purchase 450,000
Loss on Loan Conversion 45,000
Interest Expense on Notes Payable 60,132
Interest Expense - Amortization of Debt Discount 355,955
Changes in Assets and Liabilities:    
Accounts Receivable (15,200)
Prepaid Expenses 3,679
Inventory (81,000)
Note Receivable (230,725)
Accounts Payable and Accrued Expenses 3,699 41,503
Accrued Board of Directors Fees 105,000 232,500
Accrued Interest 72,900
Net Cash Flows Provided by (Used In) Operating Activities (6,847) 231,483
Cash Flows from Investing Activities
Cash Flows from Financing Activities    
Bank Overdraft (1,638)
Notes Payable, Net 11,259
Notes Payable Related Parties, Net 32,500
Inventory Loan Payable - Related Party, Net 40,500
Due to Related Parties, Net 7,013
Director's Loans, Net (301,735)
Net Cash Flows Provided by (Used In) Financing Activities 7,013 (219,114)
Net Change in Cash and Cash Equivalents 166 12,369
Cash and Cash Equivalents - Beginning of Period 64
Cash and Cash Equivalents - End of Period 230 12,369
Cash Paid During the Period for:    
Interest
Income Taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common Stock Returned in Exchange for Promissory Notes 5,555
Common Stock Issued to Pay Note Payable $ 45,000